Momentum Group Ab Class B · OMXSTO:MMGR_B
Momentum Group Ab Class B — Q1 2025 Earnings Presentation
17 slides from Momentum Group Ab Class B's earnings presentation, Apr 29, 2025
Slide 1: Interim Report Jan – Mar 2025
Interim Report Jan – Mar 2025 Strong cash flow and high acquisition pace in a challenging global environment Ulf Lilius, President and CEO Niklas Enmark, CFO
Slide 2: Highlights
Q1 2025 Revenue: Highlights • Overall stable performance in a challenging market with subdued demand. +11% EBITA, SEK m: • No direct impact from tariffs and trade turmoil. • Improved earnings and continued strong cash flow. • Strong contribution from acquisitions. 76 EBITA/WC: • High acquisition pac
Slide 3: Sales performance Q1
Sales performance Q1 • Overall stable business climate – some customers • Contribution from acquisitions of SEK 79 m, adding 12% remained cautious with focus on costs. to growth. • Seasonally lower activity in service operations. • Our companies navigated the challenging market • Stabilised demand f
Slide 4: Industry business area
Industry business area Power Transmission Specialist • Sales increased slightly and EBITA margins improved. • Sales for comparable units declined – a lower level of • Stable gross margins, favourable operational cost project sales vs previous year. control, and somewhat lower logistics costs. • Incr
Slide 5: Infrastructure business area
Infrastructure business area Flow Technology Technical Solutions • Sales for comparable units increased driven by • Reduced sales and lower earnings for comparable units. favourable product sales. • Capacity utilisation in workshops impacted by higher • Lower share of project and service sales due t
Slide 6: Acquisitions in Q1
Acquisitions in Q1 Heinolan Hörlings Ventilteknik Sulmu Hydrauliikkapalvelu Specialist in valve service Leading provider of industrial Specialist in hydraulic primarily to industrial glass-reinforced plastic and services and component customers in northern thermoplastic services in sales for industr
Slide 7: Financial overview
momentum "" group Financial overview
Slide 8: Earnings performance Q1
Earnings performance Q1 EBITA growth vs Q1 2024 +1% • EBITA improved 1% to SEK 76 m (75) with positive contributions from acquisitions. • Operating profit decreased by –6% to SEK 61 m (65). – Costs affecting comparability of SEK –3 m (-). EBITA per business area – Increase in amortisation due to acq
Slide 9: Profitability, cash flow and financial position
Profitability, cash flow and financial position • EBITA/WC 58% (59). • Cash flow from financing activities SEK 108 m (–46) • Return on equity 26% (29). – refers mainly to change in interest-bearing liabilities. • Cash flow from operating activities for Q1 of SEK 92 m • Operational net loan liability
Slide 10: Rolling 12 months
Rolling 12 months • Revenue increased by 20% to SEK 2,947 m (2,457). • EBITA margin of 11.0% (11.4). • Operating profit rose by 9% to SEK 269 m (247). • Net profit SEK 187 m (174). • EBITA increased by 15% to SEK 323 m (280). • Earnings per share SEK 3.60 (3.45). Revenue growth EBITA growth R12 Mar
Slide 11: Going forward
momentum "" group Going forward
Slide 12: How we create value as an active owner
How we create value as an Three fundamental requirements for our companies – for long-term profitable growth active owner 1 Growth Earnings growth >15% We develop 2 Profitability EBITA/WC >45% Our focus as active owner We acquire We build culture 3 Development Successful companies and their employee
Slide 13: Our financial target: EBITA growth >15% per year
Our financial target: EBITA growth >15% per year Q1 R12 Mar 2025 2024 Δ 2025 2024 Δ Revenue 735 661 11% 2,947 2,457 20% Operating profit 61 65 -6% 269 247 9% EBITA 76 75 1% 323 280 15% Net profit 44 43 2% 187 174 7% Earnings per share before and after dilution, SEK 0.85 0.85 - 3.60 3.45 4% Operating
Slide 14: Sharing & Caring
Sharing & Caring Business school Way forward/strategy Board work Sales Offer development Industrial improvements Momentum Group 29 April 2025 14
Slide 15: Acquisitions part of our DNA
Acquisitions part of our DNA Acqusitions before 2021 Acqusitions during 2021-2025 Hydjan SKF Instrumentgruppen Spindel KONTROLL AV NIVÅ FLÖDE GAS Service 28 acquisitions completed since our listing in spring 2022: • 4 in 2022 (total annual revenue SEK 175 million) • 11 in 2023 (total annual revenue
Slide 16: A proven model for identifying, implementing and successfully onboarding and developing companies
A proven model for identifying, implementing and successfully onboarding and developing companies Acqusitions before 2021 Acqusitions during 2021-2025 Hydjan SKF Instrumentgruppen Spindel KONTROLL AV NIVÅ FLÖDE GAS Service Acquisitions at subsidiary level Acquisitions at business area level Acquisit
Slide 17: Contact us
Contact us Please email us at ir@momentum.group if you have any questions. Momentum Group momentum.group